Highlights

PB MySalary Savings Account-i22 December 2017

Please be informed that with effect from 10 January 2018, the conversion period to convert the PB MySalary Savings Account-i to Savings Account-i will be revised from 6 months to 3 months i.e. if there are no crediting transactions into PB MySalary Savings Account-i for a continuous period of not less than 3 months, the account will be converted to a Savings Account-i.

Accordingly, the revised Terms & Conditions Governing Savings Account-i will be available in the Bank's website by 10 January 2018.

Notice On The Permitted Sources And Uses Of Funds In An External Account21 February 2017

Dear Customers,

In line with Notice 4 of the Foreign Exchange Administration Rules of Malaysia, operation of a ringgit account by a non-resident opened individually or jointly with another resident/non-resident may be subject to the following restrictions on the sources and uses of funds:

Deposit/encashment/withdrawal up to RM10,000 per cheque;

Deposit up to RM10,000 per day through Self Service Terminals;

Transaction(s) up to RM10,000 per account through any other electronic means, including internet banking, mobile banking or any mobile payment; and

Any deposit up to RM10,000 per account per day in cash.

The operation of a ringgit account by a non-resident would be subject to the above restrictions with the exception of the following accounts maintained by:

A non-resident studying or working in Malaysia with a valid working permit;

Spouse, children or parents of a non-resident studying or working in Malaysia;

Participant of Malaysia: My Second Home Programme; or

A High Commission, Embassy or Consulate.

Non-resident maintaining ringgit account with the Bank is advised to contact the account holding branch should you have any enquiry as to how the above rules affect your account operation.
You may also login to BNM's website at www.bnm.gov.my/fxadmin respectively for further information on the above.

Revised Terms and Conditions Governing Current Account-i21 February 2017

Transition Of Islamic Deposit Under IFSA 201309 January 2014

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